Tesla worth $1trn as investors cheer deal with Hertz which has ordered 100,000 electric vehicles
Following the announcement of the deal, Tesla's shares jumped by over 9.5% to top $995.75, making the company worth $1trn, according to Reuters.
Only five other publicly listed companies in the US have reached the $1trn mark so far: Apple, Amazon, Microsoft, and Alphabet, the parent company of Google.Hertz customers will be able to access Tesla's network of superchargers across the US and Europe - and the rental company has also pledged to install 3,000 chargers of its own by the end of next year.
"We absolutely believe that this is going to be competitive advantage for us," said Mark Fields, the acting chief executive of Hertz.Image:Mr Musk's company is currently struggling to fulfil a backlog of ordersSpeaking to Reuters, Mr Fields added:"We want to be a leader in mobility...Getting customers experience with electrified vehicles is an absolute priority for us."
Hertz currently has around 430,000 to 450,000 vehicles worldwide, and has said it will work with other companies producing electric vehicles - not just Tesla. Following the latest order, Mr Fields said that electric vehicles will make up more than 20% of its global fleet. headtopics.comRead more: Sky News »
And Just Like That’s Nicole Ari Parker wants you to know she is NOT the new Samantha Jones: 'Kim Cattrall is irreplaceable'
There's a new girl on the block and she’s like no other SATC character before.
We waited months for Tesla to repair accident damageWe were left paying £500 a month to lease the car but couldn’t use it because a part had not arrived You are missing the big story Software update over the weekend is making Tesla cars aggressively emergency brake randomly for no reason They've put a temp fix in now,which disables safety hardware like emergency braking It's a shambles - and dangerous according to reddit users Lol why in the world would a car need a new seat belt after a fender bender? And why do you say Tesla was fixing this car it was NOT. Very weird. Buy a real car
Rishi Sunak to launch £1.4bn fund to attract more overseas investmentMoney earmarked by chancellor in budget will have particular focus on electric vehicles and life sciences Do you meant to hand out to the government’s mates? Save the money Just stop breaking International Law! Just stop breaking European Law! Just stop breaking UK Law! Just stop insulting Foreign Countries! Just stop making your Citizens poorer! Just stop lying to the Public! Just stop trying to kill refugees! Stop wasting money!
Joe Biden mercilessly mocked on Australian TV as host’s impression causes panel to cheerAN AUSTRALIAN television presenter caused his fellow hosts to cheer and roar with laughter as he performed his scathing impression of US President Joe Biden. Bullshit Vulgarity is their speciality.
Teenager wanted for ‘driving Range Rover wrong way down Blackwall Tunnel’The 18-year-old is wanted for dangerous driving, vehicle theft and failing to stop. gj1023 He wasn’t 😟
Tamar Bridge marks 60th anniversaryThe bridge - which connects Devon and Cornwall - carries 16 million vehicles a year.
VA school superintendent reported assault to school board the day ofScott Ziegler, the school superintendent for Loudoun County School District, denied having 'any record' of the sexual assault at the Virginia high school, despite emailing the board on the day of. You have to ask yourself what else is this guy covering up, and who is he covering for? This school District is a Horror Show for both students and parents. I’m confused, how can a boy use the girls toilet?